4259/4261 Stone Mountain Rd, New Albany, IN 47150
NONE · Floyd County
Key Facts
Description
A UNIQUE OPPORTUNITY TO OWN 60.01 Acres in Floyd County for sale that includes 2 homes. Both homes have views of the downtown Louisville Skyline! This private oasis has park-like land secluded from everything, but still close to everything that you will need and close access to the Sherman Minton Bridge. The two homes are currently being used as rental properties. Built in 1996, 4259 Stone Mountain has 2 bedrooms, 1 bathroom and has a front entry, 2 car 30x30 attached garage and is rented for $1,800/month with seller paying for the water and tenant paying all other utilities. 4261 Stone Mountain was built in 1989 and has 2 bedrooms, 2 bathrooms, a 2 car detached 24x30 garage and rents for $2,000/month. The rest of the 60 acres still has the opportunity for a couple more impressive building sites for your dream home. This is unique opportunity that is hard to find in Southern Indiana that gives you a Gatlinburg feel.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1989
Living Area
5,064 sq ft
Lot Size
60.01 acres
Garage Spaces
4
Days on Market
183
MLS® Listing#
1638692
Property Features
Cooling
Heating
Basement
Parking
Patio
Construction
Roof
Water Source
Rooms
- First
- Second
- First
- BedroomSecond
- BedroomFirst
- BedroomFirst
- BedroomSecond
- KitchenFirst
- KitchenFirst
- Living RoomFirst
- Living RoomFirst
Financial Details
HOA
None
Parcel Number
0
Directions
I-64 to Exit 119 Greenville. Right on Old Vincennes Road. Right on Quarry Road and then left on Stone School Road.
Affordability Calculator
$230,000
Estimated monthly payment
$6,121/mo
Principal $920,000 · Est. interest $1,283,482 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New Albany, IN
- $290,503
- Median Listing Price
- 47
- Median Days on Market
- 1,660
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 333
- Active Listings
- This home’s price is 296% above the area median.
- Its price per sq ft is 38% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New Albany, IN.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3828 Payne Koehler Road, New Albany, IN | $820,000 | 4 | 3 | 3,634 |
| 3001 Overlook Trace, New Albany, IN | $895,000 | 6 | 6 | 6,633 |
| 1206 E Main St, New Albany, IN | $899,900 | 8 | 5 | 5,468 |
| 1206 E Main Street, New Albany, IN | $899,900 | 8 | 5 | 5,468 |
| 2755 Ashley Morgan Drive, New Albany, IN | $925,000 | 3 | 4 | 2,797 |
| 938 N County Road 275 E, New Castle, IN | $950,000 | 4 | 3 | 5,007 |
Moving Cost Estimate
Listing Courtesy: BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors - 5028973321